Snorre Wik

1 day ago | san.com | Drew Pittock |Ray Bogan |Snorre Wik

President Donald Trump is about to accept a jumbo jet from a country with a history of funding terrorism. The Boeing 747 being gifted by Qatar will be used as Air Force One, then transferred to the Trump Presidential Library Foundation, in a deal that does not encapsulate the complicated relationship between the two nations. When Trump first took office in 2017, he called on Middle Eastern countries, particularly those on the Arabian Peninsula, to stop supporting terrorism.

5 days ago | san.com | Matt Bishop |Ray Bogan |Snorre Wik

The United States is not ready for a two-theater war, according to Sen. Mike Rounds, R-S.D., a senior member of the Senate Armed Services Committee. Rounds made the comment after the Trump administration asked Congress for $1 trillion to spend on the military in fiscal year 2026. “We have to have an increase in the ongoing defense budget,” Sen. Rounds told reporters. “We are at a time in which if we ever get into a serious conflict, we will have a conflict in more than one theater.

6 days ago | san.com | Ray Bogan |Snorre Wik

The Senate failed to advance cryptocurrency legislation that would create a regulatory framework for stablecoins and companies that want to be licensed to issue stablecoins. The Genius Act had bipartisan support when it was first introduced, but it fell short after two Republicans, Sens. Josh Hawley, Mo., and Rand Paul, Ky., joined Democrats in voting against it. Democrats contend that its consumer and money laundering protections don’t go far enough. Sen.

1 week ago | san.com | Mathew Grisham |Ray Bogan |Snorre Wik

[Ray Bogan]Up to 2.4 million Medicaid recipients could lose their health insurance coverage if Republicans move forward with cost saving measures currently under consideration, according to new analysis from the Congressional Budget Office. The estimates also show some of the options would save hundreds of billions in debt over the next decade. The analysis was requested by Sen. Ron Wyden, D-Ore., and Rep.

1 week ago | san.com | Ray Bogan |Snorre Wik

Treasury Secretary Scott Bessent said he expects the US to announce trade deals with major trading partners as early as this week. Bessent said since President Trump announced his “Liberation Day” tariffs on April 2nd, countries around the world have approached the administration with very good offers. Scott Bessent, United States Treasury Secretary In negotiating with some of them, they may not like the tariff wall that President Trump has put up, but they have them.